Huadian Power International to Vote on Proxy Proposal at Upcoming Shareholder Meeting

Reuters2025-08-28
<a href="https://laohu8.com/S/01071">Huadian Power</a> International to Vote on Proxy Proposal at Upcoming Shareholder Meeting

Huadian Power International Corporation Ltd. is set to hold a shareholder meeting where a key proxy proposal will be voted on. The proposal involves a capital increase agreement with Huadian Jinsha River Upstream Hydropower Development Co., Ltd., a subsidiary of the company's controlling shareholder, China Huadian. This move aligns with Huadian Power's strategy to adjust its power structure. Given the nature of the transaction as a connected transaction under Hong Kong Listing Rules, it requires annual reporting and announcement but is exempt from independent shareholder approval.

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